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What is a virtual power plant?
A virtual power plant is a network of energy devices, like rooftop solar, batteries and EVs, that are pooled together to serve the grid. With participants approval the devices can be called on by system operators to share, reduce and store electricity. VPPs are capital and cost-efficient choice for utilities, creating new revenue streams that also benefit consumers, while reducing the overall cost of the electricity system.
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Why Virtual Power Plants Can Be Powerful for Latin America
Driven by Forward Thinking Distributors and Property Developers, Virtual Power Plants are Growing Globally. Are Costa Rica and Honduras Missing Out?
Virtual Power Plants video: ERI@NTU
This video explainer was uploaded by the Energy Research Institute at NTU on 21st October 2020.
Powering a real city with a virtual power plant
Residential solar panels and battery backups are becoming more and more popular as efficiency rises and costs sink. This explosion in distributed solar makes a new idea possible: virtual power plants, or a smart network of individual solar panels that can act like a big power plant when electricity is needed most. And as extreme weather threatens many communities, this idea is arriving in the nick of time.